King Wan says FY2026 revenue slump reflects project timing as order book hits $242.5 million

Reuters2026/07/24 09:33

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

King Wan responses to SIAS queries on its FY2026 annual report; revenue fell 49% to SGD 44.2 million as projects stayed in pre-construction.
Gross margin turned to a 5.2% loss; staff costs held at SGD 15.4 million due to retaining a core engineering workforce.
Order book rose to SGD 242.5 million at March 31, 2026; SGD 128.8 million of new contracts secured during the year.
No material Middle East-related supply disruption flagged; some upward pressure seen in raw materials, fuel surcharges, diesel costs.
Total shareholder return as at March 31, 2026: 5 years +19%, 10 years -72.5%, 15 years -35.8%, since IPO -23.4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. King Wan Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: E62GK1PYPZQX260W) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

King Wan says FY2026 revenue slump reflects project timing as order book hits $242.5 million

You may also like

Crypto prices